Monday, June 13, 2016

Base Metal Tips: Aluminium rises on strong demand
Base Metal Tips: Aluminum futures were trading higher in the Indian market on Monday as participants strengthened their positions, supported by a strong demand in the spot market. Market analysts said that a firming trend in the base metal at the domestic spot markets, mainly affect the aluminum prices in futures trade here. At the MCX, Aluminum futures for June 2016 contract is trading at Rs 105.65 per kg, up by 0.52 per cent, after opening at Rs 105, against a previous close of Rs 105.10. It touched the intra-day high of Rs 105.75